bailee

bailee
One who holds bailed property; one who takes possession of the property of another (called a bailor) in order to keep that property safe for the other.

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  • bailee — bail·ee /bā lē/ n: an individual or entity (as a business organization) having possession of another s personal property under a bailment ◇ Carriers and warehouses are two examples of bailees. A bailee s liability for loss or damage to property… …   Law dictionary

  • bailee — bail‧ee [beɪˈliː] noun [countable] LAW someone who has the right to use someone else s property, but without becoming its owner: • Under this arrangement, the bailee has an option to purchase the goods at a later date. * * * bailee UK US… …   Financial and business terms

  • Bailee — Bail ee (b[=a]l [=e] ), n. [OF. baill[ e], p. p. of bailler. See {Bail} to deliver.] (Law) The person to whom goods are committed in trust, and who has a temporary possession and a qualified property in them, for the purposes of the trust.… …   The Collaborative International Dictionary of English

  • bailee — [bāl ē′] n. [ BAIL1 + EE1] the party to whom property is delivered under contract of bailment …   English World dictionary

  • Bailee — An individual who temporarily gains possession, but not ownership, of a good or other property under a bailment. The bailee is entrusted with the possession of the good or property by another individual known as the bailor. This relationship is… …   Investment dictionary

  • bailee —    One to whom the property of another the bailor is entrusted for a limited period. A museum that has assumed temporary custody of an object is a bailee …   Glossary of Art Terms

  • bailee — In the law of contracts, one to whom goods are bailed; one to whom goods are entrusted by a bailor; the party to whom personal property is delivered under a contract of bailment. A species of agent to whom something movable is committed in trust… …   Black's law dictionary

  • bailee — In the law of contracts, one to whom goods are bailed; one to whom goods are entrusted by a bailor; the party to whom personal property is delivered under a contract of bailment. A species of agent to whom something movable is committed in trust… …   Black's law dictionary

  • Bailee Madison — en 2008 Données clés Naissance 15 octobre  …   Wikipédia en Français

  • Bailee Madison — (2011) Bailee Madison (* 15. Oktober 1999 in Fort Lauderdale, Florida) ist eine US amerikanische Schauspielerin. Inhaltsverzeichnis …   Deutsch Wikipedia

  • bailee custodian — A person with whom some article is left, usually pursuant to a contract, who is responsible for the safe return of the article to the owner when the contract is fulfilled. Examples include banks holding bonds, storage companies where furniture or …   Law dictionary

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